Quantbot Technologies LP Makes New $100,000 Investment in Energy Services of America Co. (NASDAQ:ESOA)

Quantbot Technologies LP acquired a new stake in shares of Energy Services of America Co. (NASDAQ:ESOA) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 7,915 shares of the company’s stock, valued at approximately $100,000.

Other institutional investors have also recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Energy Services of America during the 4th quarter valued at about $140,000. Virtu Financial LLC grew its stake in shares of Energy Services of America by 35.4% during the third quarter. Virtu Financial LLC now owns 21,110 shares of the company’s stock worth $201,000 after acquiring an additional 5,516 shares during the last quarter. Nkcfo LLC acquired a new position in shares of Energy Services of America during the fourth quarter valued at about $316,000. Navellier & Associates Inc. raised its position in shares of Energy Services of America by 4.2% in the 4th quarter. Navellier & Associates Inc. now owns 34,000 shares of the company’s stock valued at $429,000 after purchasing an additional 1,382 shares during the last quarter. Finally, State Street Corp boosted its stake in Energy Services of America by 16.4% in the 3rd quarter. State Street Corp now owns 35,529 shares of the company’s stock worth $338,000 after purchasing an additional 5,000 shares in the last quarter. Institutional investors and hedge funds own 2.13% of the company’s stock.

Insider Buying and Selling at Energy Services of America

In related news, Director Mark Prince purchased 21,000 shares of Energy Services of America stock in a transaction that occurred on Wednesday, February 12th. The stock was bought at an average cost of $10.96 per share, for a total transaction of $230,160.00. Following the completion of the transaction, the director now owns 100,071 shares in the company, valued at $1,096,778.16. The trade was a 26.56 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 44.68% of the company’s stock.

Energy Services of America Price Performance

Shares of ESOA opened at $9.45 on Tuesday. The company’s fifty day moving average price is $10.55 and its 200-day moving average price is $11.84. Energy Services of America Co. has a 1-year low of $5.70 and a 1-year high of $19.83.

Energy Services of America (NASDAQ:ESOA) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05).

Energy Services of America Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Monday, March 31st. Energy Services of America’s dividend payout ratio is presently 65.57%.

Energy Services of America Company Profile

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.